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Oil and Renewables

Oil and Renewables latest

Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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Oil Prices Down, While Libya Ramps up Production
October 25th, 2020 - 07:30 GMT

Oil Prices Down, While Libya Ramps up Production

UAE Aims to Achieve Zero Oil in GDP in Next 50 Years
October 22nd, 2020 - 11:30 GMT

UAE Aims to Achieve Zero Oil in GDP in Next 50 Years

OPEC, Allies Concerned About Demand, Call on Global Action
October 21st, 2020 - 10:30 GMT

OPEC, Allies Concerned About Demand, Call on Global Action

IMF: MENA Oil Exporters to Lose Around $224 Billion in Revenues
October 20th, 2020 - 10:00 GMT

IMF: MENA Oil Exporters to Lose Around $224 Billion in Revenues

OPEC+ Concerned About Balancing Oil Markets
October 19th, 2020 - 10:30 GMT

OPEC+ Concerned About Balancing Oil Markets

Schneider Electric appoints Mohammed Faraj as Saudi Arabia’s Vice President for Secure Power
October 19th, 2020 - 12:04 GMT

Schneider Electric appoints Mohammed Faraj as Saudi Arabia’s Vice President for Secure Power

GE Wins Contract for 327MW India Wind Farm
October 19th, 2020 - 11:00 GMT

GE Wins Contract for 327MW India Wind Farm

Oil Prices' Stability Relies On Major OPEC+ Meeting
October 18th, 2020 - 12:30 GMT

Oil Prices' Stability Relies On Major OPEC+ Meeting

ADNOC Distribution’s Market Cap Soars to $12 Billion
October 18th, 2020 - 11:00 GMT

ADNOC Distribution’s Market Cap Soars to $12 Billion

MENA Gas Investments Soar to $126 Billion In 2020
October 18th, 2020 - 09:30 GMT

MENA Gas Investments Soar to $126 Billion In 2020

Report: AR Industry May Disrupt Future Oil & Gas Operations
October 18th, 2020 - 08:30 GMT

Report: AR Industry May Disrupt Future Oil & Gas Operations

Saudi Aramco CEO: Oil Market to Rebalance by 2022
October 18th, 2020 - 07:30 GMT

Saudi Aramco CEO: Oil Market to Rebalance by 2022

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